Bally Total Fitness Announces Interim Chapter 11 Plan Distribution to Former Stockholders
Approximately $3.5 million has been reserved by Bally's disbursing agent,pending disallowance of certain outstanding claims that were filed in Bally'schapter 11 case. These reserved funds may fund a second distribution toholders of Old Common Stock, but such a distribution is subject tosatisfactory resolution of the outstanding claims.
About Bally Total Fitness
Bally Total Fitness is among the largest commercial operators of fitnesscenters in the U.S., with over 375 facilities located in 26 states, Mexico,Korea, China and the Caribbean under the Bally Total Fitness(R) and BallySports Clubs(R) brands. Bally offers a unique platform for distribution of awide range of products and services targeted to active, fitness-consciousadult consumers.
SOURCE Bally Total Fitness Holding Corporation
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